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5-person legal team takes down 200+ copycat accounts
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Key takeaways
- Business is much more ruthless and cutthroat than you think it is.
- People will just steal your and then say, "What are you going to do?" Patents, believe it or not, >> [music] >> don't mean unless, guess what, you have a legal budget to defend them.
- Basically, you still got to start a business, you still got to make the business make money.
- At point, you need to start allocating a certain amount of capital to continue to defend the IP.
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Abschnitt 1 Business is much more ruthless and cutthroat than you think it is.
Full transcript
Locally archived YouTube transcript with timecodes. Speakers are assigned heuristically and may be corrected editorially.
0:00Business is much more ruthless and cutthroat than you think it is. People will just steal your and then say, "What are you going to do?" Patents, believe it or not, >> [music] >> don't mean unless, guess what, you have a legal budget to defend them. So, I have a five-person team full-time in-house that all they do is take downs. We take down 50, 100, 200 plus accounts. All those scam things where people try and sell my stuff, we have a full legal team that gets them delisted. That's a whole process. But, that only works if you defend it. Basically, you still got to start a business, you still got to make the business make money. And then, when you have some of that money and you start to get successful, that is when the dupes will start flowing in. At point, you need to start allocating a certain amount of capital to continue to defend the IP. Until the business is successful, the patent means nothing.